futures down
- Eurostoxx 50 futures down -0.2%
- Dax futures down -0.2%
- CAC 40 futures down -0.4%
- FTSE futures down -0.25%
- IBEX futures down -0.26%
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Japan firms set for strong wage hikes in annual talks, extending a fourth year of gains. Labour shortages support pay growth, but rising energy costs from Middle East tensions raise doubts over sustainability beyond 2026.
Asia inks $56B in US energy deals amid Hormuz crisis. Diversification drives demand, boosting US energy dominance.
Cibus eyes $200M+ royalties from 7 rice clients. EU regs clear path, boosting future revenue streams.
Japan Reuters Tankan showed manufacturers sentiment rising to +18 (vs +13 prior), highest since 2021, while non-manufacturers held at +25. Outlook softened, with June seen at +14/+21 amid Middle East risks and weak external demand.
LKQ beats revenue but misses EPS, down 13%. FLWS, POOL, ADT also slide post-earnings.
Casino stocks mixed: PENN up 11% on revenue beat, FLUT down 11% despite growth. MCRI steady.
Bitcoin's Citi target cut to $112k, with 120% upside vs 25% downside risk.
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